years ago when ebay ipo'd i hated it. i didn't understand how an internet company with no assets other than cash and a few employees could be worth billions. i shorted it at 42 and covered all but one share. i kept that short for well over a year and several splits to remind myself every day two things i needed drilled into my head. one: cash is a great asset; and two: being the 800lb gorilla is priceless.money well spent...

Many people make the mistake of shorting companies based on high "valuation" or when a stock is at all time highs. Calling tops is a dangerous game. I remember when BIDU was $150 pre-split it was heavily shorted, yet the stock is up 1,000% since then. CRM is an example of a stock with a ridiculous valuation, yet the shorts are constantly wrong.

When a stock makes new highs, there is no overhead resistance to slow it down, and short covering only fuels it higher. I think ACOM could go much higher from here, being a niche player in a growing market with no competition. Like OPEN.

Tuedsay's bounce on high volume, especially in the last hour of trading, was a good sign. Yesterday they took it down in the morning on practically no volume, then bought it back today on higher volume.

If you're serious (which I doubt) then you will probably be fine as I think the stock got ahead of itself AH. I will not be surprised to see it open under 36. But if you get a dip in the morning I would cover fast. As of 4/15 short interest was over 4M shares. Those who were not smart enough to cover ahead of earnings could get squeezed hard tomorrow.

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